Safe Bulkers Reports Q4 2025 Earnings with Revenue Beat
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 18 2026
0mins
Should l Buy SB?
Source: seekingalpha
- Earnings Highlights: Safe Bulkers reported a Q4 2025 non-GAAP EPS of $0.14, aligning with expectations, which reflects the company's ongoing ability to maintain stable profitability, although the market reacted negatively with a 1.3% drop in after-hours trading.
- Revenue Growth: The company achieved revenue of $72.6 million in Q4, marking a 1.5% year-over-year increase and exceeding market expectations by $2.6 million, indicating its competitive position and stable customer demand in the shipping market.
- Revenue Backlog: Safe Bulkers has a revenue backlog of $124 million from Capesize charters, which not only secures future income but also demonstrates the company's proactive measures in expanding fleet efficiency, thereby strengthening its market position.
- Strategic Expansion: The company is focused on enhancing fleet efficiency by optimizing operational processes and increasing the number of vessels, aiming to further improve profitability and address future market challenges.
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Analyst Views on SB
About SB
Safe Bulkers, Inc. is a holding company. The Company's principal business is the acquisition, ownership and operation of drybulk vessels. The Company's vessels operate across the world, carrying drybulk cargo for the consumers of marine drybulk transportation services. The Company is an international provider of marine drybulk transportation services, transporting bulk cargoes, particularly coal, grain and iron ore, along shipping routes across the world. As of February 17, 2017 the Company's fleet included 38 vessels, of which 14 are Panamax class vessels, nine are Kamsarmax class vessels, 12 are Post-Panamax class vessels and three are Capesize class vessels, with an aggregate carrying capacity of 3,421,800 deadweight tonnage (dwt). The Company's fleet of Post-Panamax vessels includes Marina, Xenia, Sophia, Eleni, Martine, Andreas K, Panayiota K, Venus Heritage, Venus History, Venus Horizon and Troodos Sun. Its fleet of Capesize vessels includes Kanaris, Pelopidas and Lake Despina.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Safe Bulkers Reports Q4 2025 Earnings with Revenue Beat
- Earnings Highlights: Safe Bulkers reported a Q4 2025 non-GAAP EPS of $0.14, aligning with expectations, which reflects the company's ongoing ability to maintain stable profitability, although the market reacted negatively with a 1.3% drop in after-hours trading.
- Revenue Growth: The company achieved revenue of $72.6 million in Q4, marking a 1.5% year-over-year increase and exceeding market expectations by $2.6 million, indicating its competitive position and stable customer demand in the shipping market.
- Revenue Backlog: Safe Bulkers has a revenue backlog of $124 million from Capesize charters, which not only secures future income but also demonstrates the company's proactive measures in expanding fleet efficiency, thereby strengthening its market position.
- Strategic Expansion: The company is focused on enhancing fleet efficiency by optimizing operational processes and increasing the number of vessels, aiming to further improve profitability and address future market challenges.
See More
20th Annual Capital Link International Shipping Forum Set for March 9, 2026
- Forum Overview: The 20th Annual Capital Link International Shipping Forum is scheduled for March 9, 2026, in New York City, expected to attract numerous investors and shipping executives, showcasing the latest trends and developments in the shipping industry while facilitating engagement between investors and shipping companies.
- Keynote Speakers: U.S. Department of Energy's Special Envoy for Global Energy Integration, Joshua Volz, and Greek Minister of Maritime Affairs, Vasilis Kikilias, will deliver keynote remarks during lunch, discussing the dynamics and challenges of global energy markets, emphasizing the shipping industry's critical role in energy transition.
- Industry Panel Discussions: The forum will feature multiple panels addressing key issues such as supply and demand fundamentals, freight rates, and asset values in the dry bulk, gas, and tanker shipping sectors, aiming to provide attendees with profound market insights and forward-looking analyses.
- Registration Information: Registration for the forum is complimentary for institutional investors and shipping companies, with details available on the official website, reflecting the forum's commitment to enhancing connections between the shipping industry and investors.
See More
Safe Bulkers to Announce Q4 Earnings on February 18
- Earnings Announcement Schedule: Safe Bulkers is set to release its Q4 2023 earnings report on February 18 after market close, with consensus EPS estimate at $0.14, reflecting a 6.7% year-over-year decline, and revenue estimate at $70 million, down 2.1% year-over-year.
- Historical Performance Review: Over the past two years, Safe Bulkers has exceeded EPS estimates 63% of the time and has beaten revenue estimates 100% of the time, demonstrating strong capabilities in managing market expectations.
- Expectation Revision Dynamics: In the last three months, there have been no upward revisions to EPS estimates and one downward revision, while revenue estimates also saw no upward revisions and one downward revision, indicating a cautious market outlook on the company's future performance.
- Revenue Backlog Situation: Safe Bulkers currently has a revenue backlog of $124 million from Capesize charters, indicating that while the company is enhancing fleet efficiency, it still maintains a stable revenue source.
See More
20th Annual Capital Link International Shipping Forum Set for March 2026
- Forum Overview: The 20th Annual Capital Link International Shipping Forum will take place on March 9, 2026, in New York City, featuring senior executives from 23 leading shipping companies, showcasing the latest trends and dynamics in the shipping market while facilitating dialogue between investors and shipping firms.
- Keynote Speakers: Joshua Volz, Special Envoy for Global Energy Integration from the U.S. Department of Energy, and Vasilis Kikilias, Minister of Maritime Affairs from Greece, will deliver keynote remarks, emphasizing the close relationship between global energy transitions and the shipping industry, likely sparking in-depth discussions on future shipping policies among attendees.
- Investor Meetings: The forum offers one-on-one meeting opportunities for shipping companies and institutional investors, with complimentary registration for both groups, aimed at enhancing capital flow and industry collaboration, thereby increasing the investment appeal of the shipping market.
- Industry Discussions: The forum will address critical topics such as geopolitics, the new energy landscape, access to capital, and technological innovation, expected to provide valuable insights for the future development of the shipping industry, helping participants seize market opportunities.
See More
Capital Link Releases Q4 2025 Shipping Insights Report Featuring Key Industry Perspectives
- Industry Insights Compilation: Capital Link's Q4 2025 Shipping Insights report compiles exclusive interviews with executives from the container, dry bulk, LNG, LPG, and tanker sectors, offering in-depth analyses of key industry themes that help investors navigate market dynamics.
- Regulatory and Decarbonization Focus: The report discusses regulatory updates and decarbonization efforts within the industry, highlighting their significant impact on shipping companies' capital allocation and shareholder value enhancement, reflecting the industry's commitment to sustainability.
- Global Trade Trends: By analyzing global trade trends, the report reveals how shipping companies are adjusting their strategies in a rapidly changing market environment to address future challenges and opportunities, thereby strengthening their competitive position.
- Executive Insights Sharing: The report features insights from executives of notable companies, including Capital Clean Energy Carriers Corp. and Dynagas LNG Partners LP, providing forward-looking perspectives on the future of the shipping market to aid investors in making informed decisions.
See More
Safe Bulkers Declares $0.50 Cash Dividend Per Share on Series C and D Preferred Shares
- Dividend Declaration: Safe Bulkers announced a cash dividend of $0.50 per share to be paid on January 30, 2026, to shareholders of record as of January 16, 2026, covering the period from October 30, 2025, to January 29, 2026, demonstrating the company's ongoing efforts to maintain stable cash flow.
- Preferred Share Returns: This dividend applies to the 8.00% Series C and D Preferred Shares, indicating the company's commitment to shareholder returns while reflecting confidence in its future financial condition.
- Payment Frequency: The dividends will be paid quarterly, enhancing investor expectations for stable income and potentially attracting more long-term investors to the company.
- Board Discretion: The payment of dividends will depend on the discretion of the Board of Directors, emphasizing the company's flexibility and prudence in financial management and growth strategies.
See More
Safe Bulkers Reports Q4 2025 Earnings with Revenue Beat
- Earnings Highlights: Safe Bulkers reported a Q4 2025 non-GAAP EPS of $0.14, aligning with expectations, which reflects the company's ongoing ability to maintain stable profitability, although the market reacted negatively with a 1.3% drop in after-hours trading.
- Revenue Growth: The company achieved revenue of $72.6 million in Q4, marking a 1.5% year-over-year increase and exceeding market expectations by $2.6 million, indicating its competitive position and stable customer demand in the shipping market.
- Revenue Backlog: Safe Bulkers has a revenue backlog of $124 million from Capesize charters, which not only secures future income but also demonstrates the company's proactive measures in expanding fleet efficiency, thereby strengthening its market position.
- Strategic Expansion: The company is focused on enhancing fleet efficiency by optimizing operational processes and increasing the number of vessels, aiming to further improve profitability and address future market challenges.
See More
20th Annual Capital Link International Shipping Forum Set for March 9, 2026
- Forum Overview: The 20th Annual Capital Link International Shipping Forum is scheduled for March 9, 2026, in New York City, expected to attract numerous investors and shipping executives, showcasing the latest trends and developments in the shipping industry while facilitating engagement between investors and shipping companies.
- Keynote Speakers: U.S. Department of Energy's Special Envoy for Global Energy Integration, Joshua Volz, and Greek Minister of Maritime Affairs, Vasilis Kikilias, will deliver keynote remarks during lunch, discussing the dynamics and challenges of global energy markets, emphasizing the shipping industry's critical role in energy transition.
- Industry Panel Discussions: The forum will feature multiple panels addressing key issues such as supply and demand fundamentals, freight rates, and asset values in the dry bulk, gas, and tanker shipping sectors, aiming to provide attendees with profound market insights and forward-looking analyses.
- Registration Information: Registration for the forum is complimentary for institutional investors and shipping companies, with details available on the official website, reflecting the forum's commitment to enhancing connections between the shipping industry and investors.
See More
Safe Bulkers to Announce Q4 Earnings on February 18
- Earnings Announcement Schedule: Safe Bulkers is set to release its Q4 2023 earnings report on February 18 after market close, with consensus EPS estimate at $0.14, reflecting a 6.7% year-over-year decline, and revenue estimate at $70 million, down 2.1% year-over-year.
- Historical Performance Review: Over the past two years, Safe Bulkers has exceeded EPS estimates 63% of the time and has beaten revenue estimates 100% of the time, demonstrating strong capabilities in managing market expectations.
- Expectation Revision Dynamics: In the last three months, there have been no upward revisions to EPS estimates and one downward revision, while revenue estimates also saw no upward revisions and one downward revision, indicating a cautious market outlook on the company's future performance.
- Revenue Backlog Situation: Safe Bulkers currently has a revenue backlog of $124 million from Capesize charters, indicating that while the company is enhancing fleet efficiency, it still maintains a stable revenue source.
See More
20th Annual Capital Link International Shipping Forum Set for March 2026
- Forum Overview: The 20th Annual Capital Link International Shipping Forum will take place on March 9, 2026, in New York City, featuring senior executives from 23 leading shipping companies, showcasing the latest trends and dynamics in the shipping market while facilitating dialogue between investors and shipping firms.
- Keynote Speakers: Joshua Volz, Special Envoy for Global Energy Integration from the U.S. Department of Energy, and Vasilis Kikilias, Minister of Maritime Affairs from Greece, will deliver keynote remarks, emphasizing the close relationship between global energy transitions and the shipping industry, likely sparking in-depth discussions on future shipping policies among attendees.
- Investor Meetings: The forum offers one-on-one meeting opportunities for shipping companies and institutional investors, with complimentary registration for both groups, aimed at enhancing capital flow and industry collaboration, thereby increasing the investment appeal of the shipping market.
- Industry Discussions: The forum will address critical topics such as geopolitics, the new energy landscape, access to capital, and technological innovation, expected to provide valuable insights for the future development of the shipping industry, helping participants seize market opportunities.
See More
Capital Link Releases Q4 2025 Shipping Insights Report Featuring Key Industry Perspectives
- Industry Insights Compilation: Capital Link's Q4 2025 Shipping Insights report compiles exclusive interviews with executives from the container, dry bulk, LNG, LPG, and tanker sectors, offering in-depth analyses of key industry themes that help investors navigate market dynamics.
- Regulatory and Decarbonization Focus: The report discusses regulatory updates and decarbonization efforts within the industry, highlighting their significant impact on shipping companies' capital allocation and shareholder value enhancement, reflecting the industry's commitment to sustainability.
- Global Trade Trends: By analyzing global trade trends, the report reveals how shipping companies are adjusting their strategies in a rapidly changing market environment to address future challenges and opportunities, thereby strengthening their competitive position.
- Executive Insights Sharing: The report features insights from executives of notable companies, including Capital Clean Energy Carriers Corp. and Dynagas LNG Partners LP, providing forward-looking perspectives on the future of the shipping market to aid investors in making informed decisions.
See More
Safe Bulkers Declares $0.50 Cash Dividend Per Share on Series C and D Preferred Shares
- Dividend Declaration: Safe Bulkers announced a cash dividend of $0.50 per share to be paid on January 30, 2026, to shareholders of record as of January 16, 2026, covering the period from October 30, 2025, to January 29, 2026, demonstrating the company's ongoing efforts to maintain stable cash flow.
- Preferred Share Returns: This dividend applies to the 8.00% Series C and D Preferred Shares, indicating the company's commitment to shareholder returns while reflecting confidence in its future financial condition.
- Payment Frequency: The dividends will be paid quarterly, enhancing investor expectations for stable income and potentially attracting more long-term investors to the company.
- Board Discretion: The payment of dividends will depend on the discretion of the Board of Directors, emphasizing the company's flexibility and prudence in financial management and growth strategies.
See More
